Tribune Co. Emerges from Chapter 11 With New Board

By

Keach Hagey

Updated Jan. 1, 2013 2:44 p.m. ET

Tribune Co. emerged from bankruptcy Monday and named its new board, ending the company's four-year odyssey through the Chapter 11 process.

Peter Liguori, the former News Corp. and Discovery Communications executive who is expected to be named Tribune CEO, is among the new board members. The company said it planned to hold its first meeting "in the next several weeks," and would define the board members' roles and designate executive officers at that time. Eddy Hartenstein, the current chief executive and a...